State Requirements

NEW YORK STATE REQUIREMENTS

Continuing Education 15 Hours Biennially
No Ethics requirement

LICENSE RENEWAL

  • License renewal date is the agent’s date of birth, biennially

COURSES ACCEPTED FOR CE CREDIT

  • Classroom Courses / Speech / Seminar Courses
  • Self-Study Courses
  • Online Courses

COURSE SUBJECT REQUIREMENTS

  • Courses must be approved for lines of insurance for which license is held

ANNUITY REQUIREMENT

  • Carriers must provide product specific training. Regulation 187 holds the insurance company responsible for ensuring that every producer recommending its annuity products is adequately trained to make the recommendation, The regulation requires the completion of specific training classes by August 1, 2020.

LONG TERM CARE REQUIREMENT

  • Licensed producers who sell NY State LTC Partnership insurance must be certified as a Partnership agent. To be certified they must complete a one-time state specific 8-hour training requirement prior to marketing LATCH, which will count toward their total CE requirement. The course is only offered by the New York State Department of Health
  • Non-resident must meet the NY State LTC Partnership requirements

CARRYOVER REQUIREMENT

  • Credit hours cannot be carried over to the next compliance period

COURSE REPETITION

  • A licensee cannot ever repeat a course for credit

FINAL EXAM

  • Final exams are required to be monitored by a state approved individual or organization
  • Specific Monitor Affidavit Needed

EXEMPTIONS

  • Non-resident agents whose home state requires CE and has a reciprocal agreement with New York
  • Individuals who have a limited line license for which an exam is not required in New York

For Additional Information please contact:

New York Insurance Department
One Commerce Plaza
Albany, NY 12257

New York State Department of Financial Services
Licensing Services Bureau
ATTN: Education Unit, 20th Floor
One Commerce Plaza
Albany, NY 12257

Phone: 518-474-6630
Fax: 518-474-5048

State Website: dfs.ny.gov

Revised 8/8/19